Price Min €: Minimum Price Any Price 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 1,000,000 1,250,000 Unlimited ------------------ Price Max € Maximum Price Any Price 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 1,000,000 1,250,000 Unlimited ------------------ Type: All Types Villa Apartment Townhouse Other ------------------	Financial Benefits Cyprus joined the EU in May 2004 and since then the demand for property in Cyprus has continued to grow leading to property prices increasing by approximately 18% in the last year. A high degree of long-term investment has been proposed with the possibility of a number of golf courses, marinas and new airports, all of which will be subject to rigorous standards set by the relevant environmental agencies.   With Cyprus’ natural beauty intact and its future secured, there are many good reasons to invest in this part of the world. For those keen to get the most out of their hard earned money and for their families to share in it, it is comforting to know that there is no inheritance tax in Cyprus. In fact taxes on the whole are much lower. Whether you look to Cyprus for investment, a holiday home or retirement, you will discover an island steeped in history, culture and beauty that will become your home from home.   Tax After deductions and allowances, the Cypriot rate of capital gains tax is 20%. Indexation relief is available and your legal fees can also be deducted. If you are going to sell a property in Cyprus (and it is your first sale), then you will also be entitled to an allowance of £11,350. This is a once-in-a-lifetime, non-transferable allowance. You will have to declare any profit made for British tax purposes. The annual capital gains allowance is currently £8,200 – but you should be able to claim a credit for all tax paid in Cyprus under the Britain-Cyprus double tax treaty.